41 Payne St, Quincy, MA 02169
This exceptional two-family apartment building, located at 41 N Payne St in Quincy, Massachusetts, presents a compelling investment opportunity. Priced at $749,999, this property boasts 2,413 square feet and offers five bedrooms and two bathrooms, spread across two separate units. Each unit features its own independent electrical panel, heating system, and utility meters, providing significant flexibility for owner-occupancy or rental income generation. The building's solid construction promises lasting value, and its prime Quincy location offers easy access to local amenities. The property includes four parking spaces, a valuable asset in a densely populated area. With a rich history spanning over 35 years, this property offers a chance to acquire a piece of Quincy's legacy while capitalizing on its strong rental market. The separate units provide an ideal setup for multi-family living or generating substantial rental income. This is a rare opportunity to acquire a well-maintained property in a desirable location, offering both immediate income potential and long-term appreciation. The property is situated in Norfolk County, MA, zip code 02169. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.